The World Bank, through International Development Association (IDA), has today pledged approx. 5bn USD in new commitments to Ethiopia over the next three years. Read More:

Ethiopia’s communications regulator denies issuing a licence to Starlink, rejecting recent social media claims as false. Read More:

Ethiopia moves to ratify a long-pending visa waiver deal with Nigeria for diplomatic and official passport holders, aiming to ease official travel and deepen bilateral ties. Read more:

Ethiopia signs a One bln USD deal with the World Bank to support economic reforms — days after receiving a 262.3mn USD IMF disbursement and reporting record foreign exchange inflows of 32bn USD. Read More:

The GERD is now completed. At 5,150MW, the dam positions Ethiopia as a regional power exporter. Abiy Ahmed invites Egypt and Sudan to the giant’s dam inauguration in September, describing the dam as a “shared opportunity”. Read More:

Finance Ministry signs PPP deals worth 70bn birr in housing, tourism & health — part of a broader push to shift from state-led growth to private capital mobilisation. Read More:

Bank reports 897% deposit growth in 2024/25, topping Br100bn. The Bank has posted Br15.4bn in total income and Br3.5bn in pre-tax profit for 2024/25. Assets reached Br120.2bn, while deposits soared to over Br100bn. Read More:

PM Abiy says Ethiopia earned $32bn in forex, with exports more than doubling to $8.1bn. He credits reforms as govt seeks approval for a 1.93tn birr budget—despite low tax compliance and a 300bn birr deficit. Read More:

IMF greenlights $262mn for Ethiopia as part of its $3.4bn programme. $1.87bn disbursed to date. Reforms seen as “strong”, but risks remain. Read More:

BREAKING: Ethiopia formalises $3.5bn debt relief deal with official creditors under the G20 Common Framework. Backed by a $3.4bn IMF programme, the agreement clears the way for bondholder talks. Read More:

Ethiopia is set for a record coffee harvest — but global prices are falling fast. Brazil’s rains and Vietnam’s rebound have flooded the market, threatening export revenues just as Ethiopia ramps up production. Read More:

Ethiopia’s capital market takes a step forward with a $400,000 AfDB grant to support its regulator and stock exchange. First listings are in, but much hinges on investor confidence and macro reforms. 🔗 Read More:

Ethiopia’s central bank has mandated all government securities be digitised by June 30. Physical certificates will be invalid, replaced by electronic records via a Central Securities Depository system. Read More:

Awash Bank reported 22bn birr pre-tax profit for 2024/25, up 113%. Total income hit 64bn birr. Loan book reached 219bn birr. FX earnings rose to $2bn. NPL ratio: 1.8%. Read More:

Ethiopian Parliament approves a law allowing foreigners to own homes with a minimum investment of $150,000 — a key step in opening the country’s real estate market to foreign capital. Read More:

Safaricom Ethiopia hits 10mn active users after investing $2.27bn in just 4 years — the fastest telecom rollout in the country’s history. But scale has yet to deliver profits, as FY25 losses deepen. Read More:

Kenya has conducted a successful test transmitting 50MW of electricity from Ethiopia to Tanzania via the Suswa–Isinya line. Read More:

INTERPOL names Ethiopia the world’s most targeted country for malware in 2024. Rapid digital growth has outpaced cyber defences, exposing critical systems to global threats. Read more:

BREAKING: The National Bank of Ethiopia scraps mandatory government bond purchases by banks. The 18% credit growth cap remains in place as inflation holds at 14.4%. Read More:

New AfDB report reveals Ethiopia faces a $4bn annual gap in climate financing. With foreign green aid dwindling and Trump’s second term reshaping global capital flows, the country’s path to net-zero is narrowing fast. Read More: